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MicroStrategy Pushes Higher As BlackRock Buys In, But Peter Schiff Sees A Crash Ahead

Benzinga
Summary
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71% Informative

MicroStrategy stock is up 55% in the past month and 244% year-to-date .

BlackRock recently expanded its stake to 5.2% in Microstrategy , placing a larger bet on the company's positioning as a gateway for institutional investors to gain Bitcoin exposure.

Peter Schiff has made headlines again, calling MSTR "the most overvalued stock in the MSCI World Index" Schiff warns that when the stock eventually crashes, it'll be a "real bloodbath".

Check out Benzinga 's favorite high-yield offerings. Wondering if your investments can get you to a $ 5,000,000 nest egg? Speak to a financial advisor today . SmartAsset ’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Photo: DCStockPhotography/Shutterstock This article MicroStrategy Pushes Higher As BlackRock Buys In, But Peter Schiff Sees A Crash Ahead originally appeared on Benzinga.com .

VR Score

59

Informative language

53

Neutral language

21

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

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not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

15

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